External broker reports(aggregated public sources), Topline Securities

Topline Securities

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External broker reports(aggregated public sources)

Thematic (Sector/Industry)

Pakistan Automobiles / Thematic (Sector/Industry)

<ul><li>Car sales in Pakistan totaled 8,699 units in Aug 2024, reflecting a 15% YoY and 1% MoM increase in sales, as reported by PAMA. This takes 2MFY25 sales to 17,288 units a 36% YoY rise from 12,670 units in 2MFY24.</li><li>The increase in auto sales is due to newer variants in the market and a lower base effect.</li><li>Sazgar Engineering (SAZEW) saw the most significant rise of 606% YoY and 9% MoM to 953 units in Aug 2024. This marks the second-highest monthly sales for SAZEW, just behind the 967 units sold in Jan 2024.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Car sales in Pakistan totaled 8,699 units in Aug 2024, reflecting a 15% YoY and 1% MoM increase in sales, as reported by PAMA. This takes 2MFY25 sales to 17,288 units a 36% YoY rise from 12,670 units in 2MFY24.The increase in auto sales is due to newer variants in the market and a lower base effect.Sazgar Engineering (SAZEW) saw the most significant rise of 606% YoY and 9% MoM to 953 units in Aug 2024. This marks the second-highest monthly sales for SAZEW, just behind the 967 units sold in Jan 2024.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Sazgar Engineering Works Limited (SAZEW PK)

Pakistan Automobiles: Car sales rose 15% YoY and 1% MoM in Aug 2024